Gogoro (GGR) versus The Competition Critical Analysis

Gogoro (NASDAQ:GGR – Get Rating) is one of 66 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it contrast to its rivals? We will compare Gogoro to related businesses based on the strength of its risk, dividends, analyst recommendations, profitability, valuation, earnings and institutional ownership.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Gogoro and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gogoro	1	0	1	0	2.00
Gogoro Competitors	844	2215	3040	137	2.40

Gogoro currently has a consensus target price of $5.77, suggesting a potential upside of 65.23%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 45.09%. Given Gogoro’s higher possible upside, equities analysts plainly believe Gogoro is more favorable than its rivals.

Institutional and Insider Ownership

10.3% of Gogoro shares are owned by institutional investors. Comparatively, 40.8% of shares of all “Motor vehicles & car bodies” companies are owned by institutional investors. 4.8% of Gogoro shares are owned by company insiders. Comparatively, 13.5% of shares of all “Motor vehicles & car bodies” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Gogoro and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Gogoro	$382.83 million	-$98.91 million	-7.76
Gogoro Competitors	$44.52 billion	$2.45 billion	12.57

Gogoro’s rivals have higher revenue and earnings than Gogoro. Gogoro is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Gogoro and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gogoro	-25.84%	-35.10%	-11.87%
Gogoro Competitors	-4,075.04%	-24.78%	-11.83%

Summary

Gogoro rivals beat Gogoro on 9 of the 12 factors compared.

Gogoro Company Profile

(Get Rating)

Gogoro Inc. manufactures two-wheeled electric vehicle. The company offers two-wheeled electric scooter that provides cloud connectivity and electric powertrain that utilizes swappable battery infrastructure for gathering, analyzing, and sharing riding data through a mobile application on the rider's smartphone. It also operates battery swapping infrastructure network for electric vehicles that can be deployed across the cities to provide portable power through battery vending machines. Gogoro Inc. has a strategic partnership with Foxconn Electronics Inc. The company was founded in 2011 and is based in Taoyuan City, Taiwan.